Aramex welcomes European stakeholder 
It is a connection linking Franc with the Middle East. Geo Post, which is owned by Le Groupe La Poste, has invested in a 20.15% stake in CEP and logistics services provider Aramex. The shares of the Dubai-headquartered company were sold for AED 1.4 billion (USD 380 million).... more
SGL continues its rapid expansion 
Nordic company Scan Global Logistics (SGL) is opening three new offices in West Africa and France - a change, since acquisitions of other companies have taken the lead over the last months. About a month ago, Group CEO Allan Melgaard inked the seventh acquisition in 2021,... more
Fashion now close to Halle/Leipzig
Mytheresa, a virtual B2C sales platform for fashion items, is opening its new logistics centre at Leipzig/Halle Airport in Germany. It will be the company’s second location after its headquarters in Munich. The proximity to the international cargo hub was one of the main reasons... more
USD 100 million for seven fat years
Miami-headquartered Cargo Force, which is part of a ground handling group that includes Alliance Ground International and TCSC Security founded in 2002, is expanding on a big scale. The group is opening four new facilities in USA to facilitate mail and express mail services... more
K+N maintains steady course in 2021
The figures speak for themselves - most logistics services providers cannot help achieving excellent results due to or despite the current supply chain disruptions. The Swiss logistics group Kuehne & Nagel International's growth continued strongly in Q3/2021. From... more
Clipper Logistics expands in Wales
Under its contract with shipper Wilko, a British home and garden retailer, Clipper Logistics has opened a new warehouse in Magor, South Wales. The facility has become operational four months after board approval. Located within Wilko’s existing Magor site, the new warehouse... more
The renaissance of regional buffer stocks
Contract logistics – the winner when supply chains are disrupted?Measures against the pandemic have brought excessive demands on 3PLs back into line.The ongoing disruption in global supply chains caused by the outbreak of Covid-19, and the resulting delays, haven’t caused... more
Kerry and Hengan form JV
Hong Kong-based Kerry Logistics and Hengan International, a major producer of hygiene consumables in China, have put their partnership on a new basis and set up a joint venture company to create synergies in business-to-business (B2B) bulk distribution and the wholesale market... more
Geodis expands footprint in Sweden
It is a first for Geodis: in order to bring its contract logistics services to the Swedish market, Geodis is opening a 16,000 sqm facility at Arendal, close to Gothenburg. Effective 1 December 2021, the new facility will cover the full range of warehousing and distribution... more
Stef buys Langdon
Stef has extended its geographic coverage in Europe to UK. The French logistics player and the Nagel-Group have signed an agreement regarding the acquisition of Langdon Group. Specialising in temperature-controlled transport nationwide, Langdon Group is also involved in the... more